Standard Bank Investor Relations : : Standard Bank Investor Relations

2021 Interim Results Highlights

See Results Summary

HEADLINE EARNINGS(Rm)

52%

11 477

1H20: R7 541 million

HEADLINE EARNINGS PER SHARE(HEPS)

52%

721

1H20: 474 cents

NET ASSET VALUE PER SHARE

2%

11 509

1H20 11 265 cents

DIVIDEND PER SHARE

360

1H20 0 cents

RETURN ON EQUITY(ROE)

12.9%

1H20: 8.5%

COST TO INCOME RATIO

58.3%

1H20: 56.4%

CREDIT LOSS RATIO(CLR)

88 bps

1h20: 169 bps

COMMON EQUITY TIER 1 RATIO

13.5%

1H20: 12.5%

SBG 2021 Interim Results webcast

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MESSAGE FROM THE FD

The first six months of 2021 were another exceptionally difficult period for many of our clients, staff and stakeholders but we are now hopeful that the worst phase of the pandemic is behind us. Notwithstanding these continuing strains, some early signs of recovery are evident in the Standard Bank Group’s financial results for the first half of 2021 (1H21). Our underlying business has strong momentum and, relative to this time last year, we have seen a recovery in client activity, an improved outlook and lower impairment charges.

Our value proposition

The successful execution of our strategy will deliver a robust business capable of creating sustainable value for all our stakeholders over the long term.

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INVESTING IN THE GROUP

Who we are

An African focused, client-centred, digitally enabled integrated financial solutions provider, which drives Africa’s growth and creates value for all our stakeholders.

Key focus areas

These work together to ensure we offer our clients everything they need in the most effective way possible. This is the way we work and the way we win.